The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ADTALEM GLOBAL ED INC COM 00737L103 2,425 63,886 SH   SOLE   0 0 63,886
BIOPHARMX CORP COM 09072X101 28 58,027 SH   SOLE   58,027 0 0
CUSTOMERS BANCORP INC COM 23204G100 10,389 367,378 SH   SOLE   10,000 0 357,378
ENOVA INTL INC COM 29357K103 5,591 376,519 SH   SOLE   26,946 0 349,573
FIRSTCASH INC COM 33767D105 9,019 154,693 SH   SOLE   24,738 0 129,955
ISHARES U S ETF TR SHT MAT BD ETF 46431W507 2,943 58,550 SH   SOLE   0 0 58,550
UNIQUE FABRICATING INC COM 90915J103 1,656 173,900 SH   SOLE   113,325 0 60,575
VOLT INFORMATION SCIENCES IN COM 928703107 2,923 740,055 SH   SOLE   45,346 0 694,709
AUTOBYTEL INC COM NEW 05275N205 1,285 101,942 SH   SOLE   0 0 101,942
AEGION CORP COM 00770F104 8,213 375,347 SH   SOLE   79,750 0 295,597
ANDERSONS INC COM 034164103 4,382 128,329 SH   SOLE   0 0 128,329
APPLIANCE RECYCLING CTRS AME COM NEW 03814F205 12 15,000 SH   SOLE   15,000 0 0
ARI NETWORK SVCS INC COM NEW 001930205 2,715 385,169 SH   SOLE   381,844 0 3,325
ASV HLDGS INC COM 00215L104 2,853 350,000 SH   SOLE   0 0 350,000
BANK COMM HLDGS COM 06424J103 869 78,650 SH   SOLE   65,000 0 13,650
BALDWIN & LYONS INC CL B 057755209 3,878 158,287 SH   SOLE   0 0 158,287
CAMTEK LTD ORD M20791105 1,934 400,490 SH   SOLE   41,000 0 359,490
CHEROKEE INC DEL NEW COM 16444H102 209 30,000 SH   SOLE   30,000 0 0
AMERICAS CAR MART INC COM 03062T105 546 14,033 SH   SOLE   7,600 0 6,433
CISCO SYS INC COM 17275R102 329 10,496 SH   SOLE   500 0 9,996
COMPUTER TASK GROUP INC COM 205477102 933 166,857 SH   SOLE   0 0 166,857
CUI GLOBAL INC COM NEW 126576206 2,399 624,675 SH   SOLE   0 0 624,675
DAWSON GEOPHYSICAL CO NEW COM 239360100 2,172 554,036 SH   SOLE   0 0 554,036
DESTINATION XL GROUP INC COM 25065K104 915 389,288 SH   SOLE   26,300 0 362,988
US ECOLOGY INC COM 91732J102 232 4,600 SH   SOLE   0 0 4,600
EDUCATIONAL DEV CORP COM 281479105 406 38,292 SH   SOLE   38,292 0 0
EAST WEST BANCORP INC COM 27579R104 11,727 200,181 SH   SOLE   29,450 0 170,731
EZCORP INC CL A NON VTG 302301106 6,069 788,148 SH   SOLE   142,475 0 645,673
FOSTER L B CO COM 350060109 3,254 151,700 SH   SOLE   0 0 151,700
STEALTHGAS INC SHS Y81669106 1,510 464,586 SH   SOLE   50,000 0 414,586
GENERAL FIN CORP DEL COM 369822101 233 45,291 SH   SOLE   45,291 0 0
HANMI FINL CORP COM NEW 410495204 292 10,281 SH   SOLE   0 0 10,281
HARDINGE INC COM 412324303 4,261 343,037 SH   SOLE   55,357 0 287,680
HOPE BANCORP INC COM 43940T109 8,929 478,786 SH   SOLE   79,801 0 398,985
FIRST INTERNET BANCORP COM 320557101 579 20,635 SH   SOLE   0 0 20,635
INNOSPEC INC COM 45768S105 11,960 182,454 SH   SOLE   22,200 0 160,254
LAKELAND INDS INC COM 511795106 4,000 275,869 SH   SOLE   0 0 275,869
LIMONEIRA CO COM 532746104 3,332 141,028 SH   SOLE   23,017 0 118,011
LANDSTAR SYS INC COM 515098101 205 2,400 SH   SOLE   0 0 2,400
LUNA INNOVATIONS COM 550351100 662 438,221 SH   SOLE   359,796 0 78,425
MITCHAM INDS INC COM 606501104 1,399 360,594 SH   SOLE   0 0 360,594
MOBILE MINI INC COM 60740F105 5,386 180,436 SH   SOLE   0 0 180,436
MIND C T I LTD ORD M70240102 97 38,568 SH   SOLE   38,568 0 0
MANITEX INTL INC COM 563420108 3,715 532,204 SH   SOLE   279,820 0 252,384
MICROSOFT CORP COM 594918104 507 7,350 SH   SOLE   0 0 7,350
MATRIX SVC CO COM 576853105 3,648 390,172 SH   SOLE   12,600 0 377,572
NATURES SUNSHINE PRODUCTS IN COM 639027101 9,555 721,105 SH   SOLE   176,557 0 544,548
NORTHERN TECH INTL CORP COM 665809109 481 30,864 SH   SOLE   0 0 30,864
NUTRACEUTICAL INTL CORP COM 67060Y101 4,302 103,278 SH   SOLE   0 0 103,278
NV5 GLOBAL INC COM 62945V109 13,358 314,306 SH   SOLE   16,600 0 297,706
NATIONAL WESTN LIFE GROUP IN CL A 638517102 6,238 19,518 SH   SOLE   3,001 0 16,517
PRO-DEX INC COLO COM NEW 74265M205 86 14,000 SH   SOLE   14,000 0 0
PERION NETWORK LTD SHS M78673106 244 123,796 SH   SOLE   0 0 123,796
EPLUS INC COM 294268107 3,681 49,673 SH   SOLE   0 0 49,673
POINTER TELOCATION LTD SHS M7946T104 290 25,000 SH   SOLE   25,000 0 0
PERMA PIPE INTL HLDGS INC COM 714167103 1,827 228,352 SH   SOLE   0 0 228,352
PIONEER PWR SOLUTIONS INC COM NEW 723836300 1,939 295,960 SH   SOLE   75,000 0 220,960
PRGX GLOBAL INC COM NEW 69357C503 2,784 428,291 SH   SOLE   106,318 0 321,973
RENT A CTR INC NEW COM 76009N100 2,850 243,186 SH   SOLE   400 0 242,786
SAEXPLORATION HLDGS INC COM NEW 78636X204 324 100,310 SH   SOLE   0 0 100,310
SILICOM LTD ORD M84116108 2,759 62,206 SH   SOLE   1,500 0 60,706
INVENTURE FOODS INC COM 461212102 2,491 578,031 SH   SOLE   215,926 0 362,105
SUPERCOM LTD NEW SHS NEW M87095119 802 251,469 SH   SOLE   0 0 251,469
STERLING CONSTRUCTION CO INC COM 859241101 1,111 85,000 SH   SOLE   85,000 0 0
SYNALLOY CP DEL COM 871565107 753 66,589 SH   SOLE   0 0 66,589
TOR MINERALS INTL INC COM NEW 890878309 839 103,913 SH   SOLE   103,913 0 0
TRINITY BIOTECH PLC SPON ADR NEW 896438306 6,477 1,079,421 SH   SOLE   0 0 1,079,421
TETRA TECH INC NEW COM 88162G103 11,450 250,280 SH   SOLE   51,000 0 199,280
VEON LTD SPONSORED ADR 91822M106 52 13,300 SH   SOLE   0 0 13,300
VOXX INTL CORP CL A 91829F104 1,311 159,834 SH   SOLE   0 0 159,834
EQUIFAX INC COM 294429105 15 15,000 SH   SOLE   0 0 15,000
ABBOTT LABS COM 002824100 222 4,568 SH   SOLE   0 0 4,568
ACME UTD CORP COM 004816104 2,998 104,825 SH   SOLE   29,000 0 75,825
FEDERAL AGRIC MTG CORP CL C 313148306 8,740 135,084 SH   SOLE   18,005 0 117,079
AMERICAN WTR WKS CO INC NEW COM 030420103 5,766 73,965 SH   SOLE   11,300 0 62,665
AXIS CAPITAL HOLDINGS LTD SHS G0692U109 4,076 63,044 SH   SOLE   0 0 63,044
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 548 3,234 SH   SOLE   200 0 3,034
CHINA FD INC COM 169373107 1,458 78,031 SH   SOLE   439 0 77,592
CRAWFORD & CO CL A 224633206 6,493 834,580 SH   SOLE   160,154 0 674,426
CVS HEALTH CORP COM 126650100 318 3,950 SH   SOLE   0 0 3,950
CPI AEROSTRUCTURES INC COM NEW 125919308 141 14,950 SH   SOLE   0 0 14,950
DISCOVER FINL SVCS COM 254709108 1,299 20,880 SH   SOLE   0 0 20,880
QUEST DIAGNOSTICS INC COM 74834L100 272 2,450 SH   SOLE   0 0 2,450
ISHARES TR SELECT DIVID ETF 464287168 226 2,450 SH   SOLE   0 0 2,450
COMPANHIA PARANAENSE ENERG C SPON ADR PFD 20441B407 128 17,500 SH   SOLE   17,500 0 0
ENBRIDGE INC COM 29250N105 513 12,890 SH   SOLE   0 0 12,890
FIRST ACCEPTANCE CORP COM 318457108 358 313,964 SH   SOLE   313,964 0 0
ABERDEEN GTR CHINA FD INC COM 003031101 680 59,267 SH   SOLE   0 0 59,267
GENERAL ELECTRIC CO COM 369604103 2,083 77,128 SH   SOLE   0 0 77,128
GENWORTH FINL INC COM CL A 37247D106 3,136 831,853 SH   SOLE   0 0 831,853
GENESEE & WYO INC CL A 371559105 222 3,250 SH   SOLE   0 0 3,250
HONEYWELL INTL INC COM 438516106 280 2,100 SH   SOLE   0 0 2,100
HUNTSMAN CORP COM 447011107 12,622 488,454 SH   SOLE   0 0 488,454
ISHARES TR U.S. MED DVC ETF 464288810 225 1,350 SH   SOLE   0 0 1,350
ISHARES TR CORE S&P MCP ETF 464287507 748 4,300 SH   SOLE   0 0 4,300
ISHARES TR CORE S&P SCP ETF 464287804 280 4,000 SH   SOLE   0 0 4,000
ISHARES TR CORE S&P500 ETF 464287200 931 3,825 SH   SOLE   0 0 3,825
JACOBS ENGR GROUP INC DEL COM 469814107 13,743 252,675 SH   SOLE   45,510 0 207,165
JOHNSON & JOHNSON COM 478160104 338 2,553 SH   SOLE   0 0 2,553
JAPAN SMALLER CAPTLZTN FD IN COM 47109U104 1,836 159,895 SH   SOLE   6,000 0 153,895
KRATON CORPORATION COM 50077C106 4,007 116,360 SH   SOLE   0 0 116,360
LSB INDS INC COM 502160104 2,040 197,456 SH   SOLE   64,746 0 132,710
MDU RES GROUP INC COM 552690109 207 7,900 SH   SOLE   750 0 7,150
MILLER INDS INC TENN COM NEW 600551204 2,313 93,091 SH   SOLE   0 0 93,091
ALTRIA GROUP INC COM 02209S103 372 5,000 SH   SOLE   0 0 5,000
MARATHON PETE CORP COM 56585A102 353 6,750 SH   SOLE   0 0 6,750
OWENS ILL INC COM NEW 690768403 7,003 292,778 SH   SOLE   16,400 0 276,378
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 155 19,400 SH   SOLE   14,000 0 5,400
PFIZER INC COM 717081103 281 8,351 SH   SOLE   500 0 7,851
ISHARES TR U.S. PFD STK ETF 464288687 591 15,100 SH   SOLE   0 0 15,100
RENAISSANCERE HOLDINGS LTD COM G7496G103 3,587 25,795 SH   SOLE   0 0 25,795
COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 9,432 990,721 SH   SOLE   243,232 0 747,489
SERVICE CORP INTL COM 817565104 11,866 354,726 SH   SOLE   21,726 0 333,000
ABERDEEN SINGAPORE FD INC COM 003244100 201 18,178 SH   SOLE   0 0 18,178
TRAVELERS COMPANIES INC COM 89417E109 7,299 57,684 SH   SOLE   216 0 57,468
TUPPERWARE BRANDS CORP COM 899896104 5,206 74,131 SH   SOLE   14,350 0 59,781
VANGUARD WORLD FDS HEALTH CAR ETF 92204A504 324 2,200 SH   SOLE   0 0 2,200
VANECK VECTORS ETF TR VIETNAM ETF 92189F817 149 10,000 SH   SOLE   10,000 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 452 2,035 SH   SOLE   0 0 2,035
VISTRA ENERGY CORP COM 92840M102 5,844 348,082 SH   SOLE   0 0 348,082
WIDEPOINT CORP COM 967590100 391 849,171 SH   SOLE   551,724 0 297,447
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 233 4,250 SH   SOLE   0 0 4,250
VANECK VECTORS ETF TR PFD SECS EX FINL 92189F429 242 12,000 SH   SOLE   0 0 12,000